Lawyers Assistance Program Inc

Analysis

Lawyers Assistance Program Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lawyers Assistance Program Inc reported income of $1.7m and spending of $813k, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $882k to $1.7m (+88%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 182%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lawyers Assistance Program Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include True North Organizing Network ($1.7m), Northeast Alabama Mr DD Authority ($1.7m) and Lake Michigan College Foundation ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $186k (23% of expenses). Other salaries and wages came to $344k. At year end it held assets of $3.5m against liabilities of $219k, net assets of $3.3m. It reported 5 employees.